• Tel: 00977-1-4441414
  • |
  • Email: info@primelifenepal.com
  • Prime Life
    Jeewan Surakshya

    It is a long established fact that a reader will be distracted by the readable content of a page.


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  • Prime Life
    Surakshit Awash

    It is a long established fact that a reader will be distracted by the readable content of a page.


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  • Prime Life
    Swornim Jeevan Beema

    It is a long established fact that a reader will be distracted by the readable content of a page.


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  • Prime Life
    Foreign Employment Plan

    It is a long established fact that a reader will be distracted by the readable content of a page.


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  • Prime Life
    Pension Plan

    You are still young and have the best years ahead of you. There's just so much to do right now that you don't even have time to think about your retirement. it's just too soon, right? Think again.


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  • Prime Foreign Employment Term Insurance Plan

    Foreign employment has given significant importance to Nepali economy. By presenting the general circumstances that can come from this general employment, we have presented the Prime Foreign Employment (Madi) Life Insurance Scheme.
  • Prime Jeewan Upahar

    PrimeLife Insurance Company has introduced an innovative new product as “Prime Jeevan Upahar Plan”, money back cum endowment plan with riders benefit as optional. The product is developed to cover high net worth people who are out of the ring of life insurance.
  • Prime Life New Term Assurance

    This insurance plan is more utilized for those who have a life insurance only for the fixed time period. Minimum 5 year period you can take life insurance for up to 35 years.
  • Prime Life Sulav Money Back

    Prime Life Sulav Jeevan Beema Insurance Scheme is a new kind of money back-life insurance scheme. Insured during this insurance plan after completing sometime of insurance period get some percentage of Insured amount is refunded, which helps you to fulfill your daily need works.100 percentage of insurance risk will be covered after the remaining term. The mind delivers much when insurance gets an over-all bonus amount.
  • Prime Life Surakshit Awash Jeewan Beem

    - Your home loan will now change to 0% interest. - Including insurance security in home loans. - Life insurance will be insured throughout the loan period. - Economic benefits according to the specialty of life insurance. - Sometimes your loved ones will not be forced from home. - Income tax benefits.
  • PrimeLife Dhan Sagar

    Customers require funds for different requirements at different stages in life. Be it for child’s education, wedding or for old age. PrimeLife Dhan Sagar is structured to meet requirements at periodical intervals.
  • PrimeLife Jeewan Surakshya

    This product provides sum assured plus bonus at the end of the insurance period. Additional death risk cover for the entire life after the insurance period without any additional premium is provided.
  • PrimeLife Naari Jeewan Beema

    Exclusive insurance product dedicated to Nepalese women.
  • PrimeLife Pension Plan

    You are still young and might think it 's too soon to plan for your retirement. But it's always wise to start early. After all, why would you ever want to lose your financial independence?
  • PrimeLife Saral Beema

    Regular saving is the best tool to protect family against unseen future uncertainties. We at PrimeLife understand the value of savings and present a regular Premium Endowment Plan which will help save regular amount for a safer tomorrow.
  • PrimeLife Single And Limited Payment

    PrimeLife Single and Limited Payment Plan is designed to the people who wish to pay the premium in lump sum basis and who wish to pay premium for the limited payment.
  • PrimeLife Swarnim Jeewan Beema

    This plan is specially designed to meet the increasing educational, marriage and other needs of growing children. At PrimeLife, we understand the value of securing child’s future and offer a plan “PrimeLife Swarnim” to help secure a bright future for children.

CEO's Message

Smiley face I am pleased to report that the Company in recent years recorded an upright growth in life insurance business, with increase in Premium collection in all segments of the business. The Company also witnessed continuous increment in net profit and shareholder’s fund. The Company succeeded to add substantial amount in Policy holders Life fund, which was possible only with the economy in operation expenses and efficiency of the working team. However, achieving these results were challenging in the backdrop of continuing instability in political scenario, increased inflation and unpredictable financial and capital market.  

The Company performance in recent years, in all sector of the industry, has been admirable:

  • Capital = NPR 1,785 Mil.
  • Life Funds = NPR 6,200 Mil.
  • Premium = NPR 11,613 Mil.
  • No. of Policies = 15,97,040
  • Investment = NPR 8,201 Mil.
  • Claim Settlement = NPR 249 Mil.

In a pragmatic steps ahead to strengthen the capital base and create a position of high risk bearing capacity of the Insurance Companies the regulator, Beema Samiti, has directed Life Insurance Companies to increase their minimum paid-up capital from existing Rs. 500 million to a significantly higher amount of Rs.2 billion by the end of Fiscal Year 2017/18. It was a great challenge to increase the capital to four times within the very short time period given. Since, the management of the Company was committed on every activity to strengthen the Company profile, with the support of all concerned could make the required capital base within the time frame prescribed by the regulator. 

The Company has articulated a five-year strategy 2018/19 – 2022/23 that foresees the future image of the Company. The operation of the Company shall be focused on the easy and accessible insurance services to the proposed insured and policy holders of the Company for that the Company shall adopt customer-centric business activities with the aim of enhancing customer satisfaction, and high end use of information technology for process automation, bringing superior operational efficiency and optimum turnaround time. This strategy is expected to bring a paradigm shift by the end of the strategy period in terms of the Company’s overall position.

The Company has always been maintaining high level of corporate standards, a zero-tolerance compliance and performance-driven work culture. The Company values the trust and confidence of it’s insured, and is equally committed and responsible to be a trustworthy institution, where insured interests are highly protected. It is important that the Company has to assure integrity in all its operation andshould maintain and respect it at all times.

I would like to express my heartfelt thanks to the Board of Directors for their generous support and guidance, all of my Company staff for their wonderful efforts and excellent contribution, all our shareholders, regulator, agency force and all the stakeholders for their support and contribution from their respective ends.

Manoj Kumar Bhattarai                                                  
Chief Executive Officer
 

Thank you and warm welcome to Prime Life

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Latest News

  • 1

    Aug

    Quarterly Report

    4th Quarter Report Ashard 2075

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  • 23

    Jul

    Notice about Right and Bonus Share.

    Notice about Right and Bonus Share.

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  • 27

    May

    Right Share Auction open date & venue

    Right Share Auction open date & venue

    Read More >>
  • 16

    May

    CEO’s Interview

    CEO’s Interview

    Read More >>
  • 10

    May

    Vender Listing Notice

    Vender Listing Notice

    Read More >>

Financial Highlights

  • Total lnvestment

    8,201
    Millions

  • Total Capital

    1,785
    Millions

  • No. of Policies

    15,97,040
     

  • Premium

    11,613
    Millions

  • Life Fund

    6,200
    MIllions

Prime Life

PrimeLife's Mission is to reach out to people and make a difference to their lives through superior life insurance products and helping them to look up to a better tomorrow.
 


Contact Info

  • Hattisar, Kathmandu
  • P. Box 25979
  • 00977-1-4441414
  • info@primelifenepal.com